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Read MoreFinancial Modeling Services – Improve Planning and Forecasting
Improve planning accuracy with Toptal’s Financial Modeling Services. Our finance experts develop tailored models for forecasting, valuation, and long-term financial strategy.
Get a Free Consultation NowClients Served
30,000+
Total Vetted Professionals
20,000+
Toptal Total Projects Delivered
85,000+
Years in Business
15+
TRUSTED BY LEADING BRANDS AND STARTUPS
Our Services
Toptal Financial Modeling Services
Develop financial models that bring clarity to strategic decisions, operational planning, and investment opportunities. Toptal delivers consulting-driven financial modeling services tailored to forecasting, scenario analysis, and performance optimization.
Financial Forecasting and Planning
Create forecasting models that help organizations anticipate future performance and make more informed planning decisions.
Business Valuation Modeling
Evaluate company value using financial models tailored to investment analysis, transactions, and strategic initiatives.
Scenario Planning and Analysis
Test potential outcomes under changing market conditions and assess how key assumptions affect financial performance.
Budget Development and Modeling
Create budget models that support resource planning while aligning spending decisions with business objectives.
Cash Flow Analysis
Gain a clearer understanding of liquidity needs through cash flow models built for planning and capital management.
Mergers and Acquisitions Modeling
Assess transaction opportunities with financial models that support due diligence, deal evaluation, and integration planning.
FP&A Modeling Solutions
Strengthen financial planning and analysis processes through models built for forecasting and performance reporting.
Revenue Growth Modeling
Evaluate revenue drivers and pricing assumptions through models designed to support growth planning initiatives.
Capital Planning and Allocation
Prioritize investments more effectively with financial models that support funding decisions and resource allocation.
Sensitivity and Risk Analysis
Understand how changes in key assumptions may affect outcomes through structured sensitivity analysis exercises.
Startup Financial Modeling
Support fundraising and strategic planning with financial models designed around startup growth objectives and capital requirements.
Operational Performance Modeling
Connect financial results to business drivers such as staffing levels, production costs, and operational efficiency.
Looking for guidance about the financial modeling service for your needs?
Get a Free Consultation NowPARTNERSHIP THAT WORKS
How We Deliver Financial Modeling Services
Our financial modeling experts, with experience at leading companies, develop and deploy tailored solutions to meet your business needs and unique industry demands for sustainable results and long-term success.
1
Discover
A leader from our team works with you to understand your business challenges, pain points, and strategic goals to uncover new opportunities and identify the options to reach your objectives.
2
Define
Toptal leaders collaborate with your team to define your specific goals and service needs, evaluating multiple approaches and aligning requirements with your strategic objectives to define the best solution.
3
Develop
Once your service is defined and you have your talent or team on board, they will create your unique project timeline, process, and initial proposals, whether your goal is improving financial visibility, supporting investment decisions, or strengthening long-term business planning.
4
Deploy
Toptal will get to work, tracking quality assurance, handling project management, and maintaining the delivery schedule.
Matthew McNaghten 
Business Strategy and Finance Consulting Practice Lead
Business Strategy and Finance Consulting Practice LeadAs Toptal’s Business Strategy and Finance Consulting Practice Lead, Matt focuses on helping clients address critical issues and drive value across their enterprises. He brings 35 years of senior-level consulting experience, having held leadership roles at Cognizant, Accenture, IBM, and Deloitte.As Toptal’s Business Strategy and Finance Consulting Practice Lead, Matt focuses on helping clients address critical issues and drive value across their enterprises. He brings 35 years of senior-level consulting experience, having held leadership roles at Cognizant, Accenture, IBM, and Deloitte.
Previously At
CUSTOMIZED SOLUTIONS
Financial Modeling Solutions That Deliver Value
Toptal delivers leading financial modeling services through its diverse talent network and flexible delivery models. We implement the right skills at each project phase, blending expertise from various roles for seamless execution.
- End-to-End Delivery by Toptal
- On-demand Talent and Teams
End-to-End Delivery by Toptal
Comprehensive project delivery, tailored to your specific requirements.
Business Strategy and Finance Consulting Practice Lead
Delivery Manager
Financial Modeling Consultant
Corporate Finance Advisor
Strategic Finance Consultant
M&A Transactions Consultant
Capital Markets Advisor
Management Consulting Expert
Matthew McNaghten
Business Strategy and Finance Consulting Practice Lead
As Toptal’s Business Strategy and Finance Consulting Practice Lead, Matt focuses on helping clients address critical issues and drive value across their enterprises. He brings 35 years of senior-level consulting experience, having held leadership roles at Cognizant, Accenture, IBM, and Deloitte.
Previously at
Experience
35+ Years
Rachael Karaffa
Delivery Manager
Rachael serves as a Delivery Manager at Toptal with a focus on leading diverse global teams in developing innovative solutions for our clients. She works across multiple disciplines, including technology, marketing, and management consulting. Rachael specializes in managing people and client relationships, process optimization, and driving teams toward optimal business outcomes.
Previously Managed Client
Experience
9+ Years
Trevor Davis
Verified Expert in Management Consulting
27+ Years
of Experience
Financial Modeling Consultant
Trevor is an experienced entrepreneur and banker with a background in business plan development, financial modeling, M&A, capital raising, and business valuation. He has worked and advised clients across many industries. Trevor has worked on over $5 billion of M&A and financing transactions and has advised clients ranging from early-stage startups to multi-billion dollar businesses.
Previously at
Neil Portus | CFA, CMA
Verified Expert in Management Consulting
24+ Years
of Experience
Corporate Finance Advisor
Neil is a CFO for growth companies and a former equity analyst at Goldman Sachs in New York where he helped lead numerous transactions, including Zipcar’s $1.1 billion IPO. He was also an equity analyst at Barclays and Lehman Brothers and began his career at a boutique investment bank (M&A, restructuring, debt financings). Neil built his operational skills both as a startup founder and as the CFO of an East Africa-focused impact investment firm.
Previously at
Carlo Palmieri
Verified Expert in Management Consulting
27+ Years
of Experience
Strategic Finance Consultant
A Wharton MBA graduate, Carlo has led transactions on $10 billion worth of LBO and growth capital deals. He’s worked in investment banking, M&A (Deutsche Bank), management consulting (Bain & Company, Oliver Wyman), and corporate development (Lehman Brothers). Carlo leverages his skills in corporate finance, business strategy, and international business development to help companies scale and deliver value for their investors.
Previously at
Cheryl Cheng, CPA, CFA
Verified Expert in Management Consulting
17+ Years
of Experience
M&A Transactions Consultant
Cheryl is a seasoned full-stack financial advisor who supported $5 billion in fundraising (debt/equity financing, venture/growth/PE financing), closed $20 billion in transactions (financial analysis, modeling, due diligence), and prepared companies for audit/IPO readiness. She held roles in advisory and audit practices at Tier-1 accounting firms and corporate development at a Fortune 500 company. Cheryl enjoys working with entrepreneurs and founders to grow their vision into a thriving business.
Previously at
Arvind Kumar
Verified Expert in Management Consulting
10+ Years
of Experience
Capital Markets Advisor
Arvind is a consultant with more than 10 years of experience, including at KPMG Global Strategy Group, Goldman Sachs, and EY across the Middle East, America, India, and Europe. He has delivered 30+ projects, including growth strategies and business plans; M&A and financial analyses; pitch decks; and go-to-market, branding, and digital strategies. Arvind has a demonstrated track record in planning and delivering complex transformations ranging from $2 million to $1 billion. He holds an MBA from HEC Paris.
Previously at
Francesco Castellano
Verified Expert in Management Consulting
16+ Years
of Experience
Management Consulting Expert
Francesco has 16+ years of experience in finance, consulting, business management, and sustainability. Throughout these years, he has worked on more than 20 projects as a consultant at Bain & Company and launched Uber operations in Turin, Italy. Lately, he has founded Tondo, an organization spreading circular economy concepts, and Tondo lab, a company driving the implementation of clean and circular innovations. Francesco is passionate about innovation and entrepreneurship.
Previously at
On-demand Talent and Teams
20,000+ vetted professionals, ready to deploy individually or in teams.
Corporate Finance Consultant
Financial Modeling Advisor
Financial Planning Consultant
Corporate Finance Consultant
Capital Raising Consultant
LBO Valuation Consultant
Private Equity Strategist
M&A Strategy Consultant
M&A Investment Consultant
Verified Expert in Management Consulting
18+ Years
of Experience
Corporate Finance Consultant
Thorsten is a corporate finance advisor and CFO with an international career in investment banking (Lehman Brothers, Banco Santander) and technology ventures. He partners with SMEs as well as PE/VC investors in the technology, media, and telecommunications; healthcare; consumer; and financial services sectors to solve strategic and financial challenges. He is also an expert financial modeler and speaks English, German, and French.
Previously at
Verified Expert in Management Consulting
13+ Years
of Experience
Financial Modeling Advisor
Piero has over 13 years of experience in developing financial models of the most disparate nature, including capital raising, tax optimization, financial planning, and transaction structuring as a consultant and in the oil and gas (Saudi Aramco), technology (Amazon), and financial sectors (BNP Paribas). His focus is on modeling, FP&A, valuation, data analysis, and financial derivatives. Piero has co-founded and successfully launched an ICO for a cryptocurrency providing liquidity, Linker Coin.
Previously at
Verified Expert in Management Consulting
33+ Years of
of Experience
Financial Planning Consultant
Julio has diversified experience as a finance VP for multinationals based in the US and Latin America in the financing, pharmaceutical, luxury goods, and personal care sectors and distribution channels, such as retail, wholesale, and travel retail. Julio's expertise includes financial planning and modeling, investment banking, commercial real estate, fundraising, business plan development, logistics, company valuation, and strategic and visionary leadership based on innovation and creativity.
Previously at
Verified Expert in Management Consulting
29+ Years
of Experience
Corporate Finance Consultant
Jakub has worked as a McKinsey consultant and portfolio manager at Third Avenue, a legendary multibillion-dollar value fund, leading investments, advising on acquisitions, and performing valuations for companies across geographies and sectors. A Yale graduate, he possesses extensive expertise in assessment, strategy development, and investment analysis. Jakub loves to help his clients with valuation, operations, and strategy.
Previously at
Verified Expert in Management Consulting
20+ Years
of Experience
Capital Raising Consultant
David is an M&A expert who has worked with the owners of 100+ businesses to raise capital, exit their investments at premium valuations, or execute successful acquisitions and initial public offerings. With 20+ years of experience, including six years at PwC, he has worked in many industries and extensively in the technology, media, and telecommunications and renewable energy sectors. David joined Toptal to advise clients on complex M&A and capital-raising transactions across the world.
Previously at
Verified Expert in Management Consulting
17+ Years
of Experience
LBO Valuation Consultant
Animesh has 17+ years of experience in asset classes, including startup investments, venture capital, private equity, real estate, equities, fixed income, structured products, and fund investments. He is an expert in PowerPoint (preparation of pitch decks, investment memorandums, transaction decks, strategic M&A due diligence reports) and Excel (detailed financial modeling, including startup models, M&A models, LBOs, Macros, VBA, data tables, valuations, accounting, and management dashboards).
Previously at
Verified Expert in Management Consulting
13+ Years
of Experience
Private Equity Strategist
As a VC associate, Khaled has participated in over 10 startup investments including Kngine (acquired by Samsung). He enjoys freelancing to help a wide range of clients reach their maximum potential using his financial modeling and valuation skills. A former FP&A analyst with Vodafone, Khaled accumulated experience in investment banking, private equity ($1 billion AUM), and venture capital ($50 million fund) over the past 13 years.
Previously at
Verified Expert in Management Consulting
28+ Years
of Experience
M&A Strategy Consultant
Lori is an experienced management consultant who has led and managed entire M&A processes for acquisitions, divestitures, and carve-outs. Specializing in strategy development, targets identification, market research, financial plan preparation and valuation, due diligence, letter of intent negotiation and agreement, and plan execution, she has worked at a Fortune 500 business, a startup, and an investment bank, dealing with SaaS, manufacturing, consumer products, and industrial automation.
Previously at
Verified Expert in Management Consulting
14+ Years
of Experience
M&A Investment Consultant
Paulius has closed 20+ seed/early-stage investments in AI, technology, SaaS, energy, and other sectors. He also has experience working on debt transactions and the biggest regional M&A deals in the Baltics while employed at a leading consulting firm (Deloitte) and DNB bank. Paulius is a CFA charter holder who enjoys freelancing to help clients on valuation, financial modeling, and fundraising projects.
Previously at
Looking for guidance about the financial modeling service for your needs?
Looking for guidance about the financial modeling service for your needs?
UNRIVALED EXPERTISE
Our Talent Has Worked With Top Companies
Having previously worked with these leading global companies, our talent brings valuable insights and expertise to deliver world-class outcomes.
WHY ORGANIZATIONS CHOOSE US
Toptal in Action
Discover the cutting-edge benefits our clients enjoy from the global Toptal network.
Cal.net partners with Toptal to scale finance operations and support rapid growth.
Challenge: Cal.net was experiencing massive growth and needed assistance with everything from raising capital to day-to-day financial operations.
Solution: Toptal provided a contract CFO, who oversaw every aspect of the company’s finances, including investor relations, managing banking relationships, and raising significant capital.
Outcome: In partnership with Toptal, Cal.net flourished. With its finances in excellent shape, the company was acquired by outside investors and has continued to grow.
RELATED CAPABILITIES
- Financial Forecasting
- Fundraising
- FP&A
- Corporate Finance
- Part-time CFO
- Fractional CFOs
- Virtual CFO
- Interim CFOs
Toptal has completely exceeded my expectations.
Craig Stein
Chief Revenue Officer
Toptal Ranked #1 Most Reliable Professional Services Company in America
Newsweek and Statista’s rankings were based on an independent survey of more than 2,400 decision-makers at Fortune 500s.
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Highest ranked across all industries
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Methodology for the Rankings
How likely the respondent is to recommend the selected company to others.
Measures the convenience of interaction with the company and efficiency of processes.
Measures the company’s cost-effectiveness and quality relative to price.
Measures whether the company consistently meets or exceeds expectations in quality and timeliness of deliverables.
Measures the company’s ability to consistently fulfill commitments and maintain customer trust.
INDUSTRY INSIGHTS
Explore Insights From the Financial Modeling Services Field
Read the latest articles and resources to keep you current on emerging trends in financial forecasting, valuation strategy, corporate finance, and more.
Verified Expert in Management Consulting
Elizabeth was an equity research analyst on both the buyside and sellside before transitioning to freelancing where she specializes in market research and valuation.
Verified Expert in Management Consulting
Archil is the deputy CFO of Silk Road Group. He joined Toptal to help SMEs develop financial models as a tool for raising financing.
Financial Modeling Related Offerings
Explore Related Services and Roles
Pair Toptal’s Financial Modeling Services with related competencies to effectively tackle your business challenges.
Finance ConsultingFinance Transformation ConsultingCFO ConsultingCorporate Finance Consulting ServicesPrivate Equity ServicesM&A Consulting ServicesM&A Due Diligence ConsultingStrategic Planning ServicesBusiness Consulting ServicesOperations ConsultingOrganizational Design ConsultingPerformance Improvement ConsultingGrowth Strategy Consulting Pricing ConsultingData Analytics ServicesFinancial Modelers
Looking for guidance about the financial modeling service for your needs?
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